Overview
- The Ethereum Layer-2 now lets holders delegate wrapped BTC (WBTC, LBTC, tBTC, SolvBTC) to help secure the network without giving up custody.
- Starknet says wrapped BTC can account for up to 25% of staking power under the new design.
- The Starknet Foundation earmarked 100 million STRK to boost BTC wrapper liquidity, lending, and stablecoin borrowing on the network.
- Re7 Labs is launching a Bitcoin Institutional Yield Fund on Starknet, with tokenized retail access via MidasRWA and an ALMM on Ekubo for BTC, ETH, STRK, and stablecoins.
- The rollout follows a mid-September upgrade and includes integrations with LayerZero, BitGo, and Stargate alongside zk-STARK-based verification that the team describes as trustless.